factual

What must a Deka Lash franchisee submit to the franchisor to relocate their studio?

Deka_Lash Franchise · 2024 FDD

Answer from 2024 FDD Document

writing your proposed location. You will deliver to us a true copy of the lease and any additions or amendments to it promptly after they are executed. Any lease or sublease of the Franchise Premises will contain the Franchisor Addendum, Conditional Assignment of Lease attached in Exhibit F-1 or will otherwise include an assignment of the lease in a form we approve.

  • (e) Relocation Review. You must obtain our approval if you wish to relocate. We will evaluate locations you propose to us to relocate your studio. You must submit to us a site selection proposal containing reasonable items required by us to evaluate the site.
  • 6.3 Starting Date. You agree to be open and operational within 365 days of the Effective Date of this Agreement.

Source: Item 23 — RECEIPT (FDD pages 63–234)

What This Means (2024 FDD)

According to the 2024 Deka Lash Franchise Disclosure Document, a franchisee must obtain approval from Deka Lash if they wish to relocate their studio. To initiate this process, the franchisee is required to submit a site selection proposal to Deka Lash.

The site selection proposal must contain reasonable items required by Deka Lash to evaluate the proposed new site. This indicates that the specific contents of the proposal are determined by Deka Lash and may vary.

Deka Lash will evaluate the proposed relocation site. Before a Deka Lash franchisee signs a lease, subleases a space, purchases a space, or makes any binding commitment to do so, Deka Lash must approve the proposed location in writing. This ensures that Deka Lash retains control over the location of its franchises and that the franchisee does not incur expenses for a location that does not meet Deka Lash's standards.

After executing a lease, the franchisee must promptly deliver a true copy of the lease and any additions or amendments to Deka Lash. Additionally, any lease or sublease of the Franchise Premises will contain the Franchisor Addendum, Conditional Assignment of Lease attached in Exhibit F-1 or will otherwise include an assignment of the lease in a form Deka Lash approves.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.